Among the Advantages of Predetermined Time Standards Are All EXCEPT

question 319

Multiple Choice

Among the advantages of predetermined time standards are all EXCEPT which of the following?

• A) Unions accept them as fair.
• B) They are only available after a task is actually performed.
• C) They can be determined before work actually takes place.
• D) They can be established in a laboratory setting.
• E) No performance ratings are necessary.

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Definitions:

Dividends In Arrears

Dividends on preferred stock that have not been paid by the declaration date but are still owed to shareholders.

Non-Cumulative

Pertaining to preferred stock, which does not accumulate unpaid dividends if they are not declared.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, often with fixed dividends.

Treasury Stock

Shares that were issued and subsequently reacquired by the issuing corporation, reducing the number of shares outstanding in the market.